








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Weslaco at 1904 Water Willow Dr, Weslaco, TX, 78596 priced at $200,000 pairs $1,886/mo rent with $447/mo cash flow after a $979/mo payment. Total monthly income equals $1,886/mo, and annual cash flow comes to $5,364/yr on $66,300 invested. Return on cash invested is 28% in year one, and rental yield stands at 11.32% on a $200,000 basis. Equity gained on principal adds $1,291/yr, and 5% annual appreciation accumulates to $55,256 by year five. Five-year ROI measures 147.52% and total cumulative return in cash reaches $97,808. For financing, Ziffy Mortgage’s DSCR program evaluates $1,886/mo property income against a $979/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2003
6,137 sqft lot
$N/A/sqft
$200 annually HOA
Neighborhood data shown for ZIP Code: 78596, Weslaco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,934 (100%) |
| Owner Occupied HU | 9,484 (56.0%) |
| Renter Occupied HU | 4,091 (24.2%) |
| Vacant Housing Units | 3,359 (19.8%) |
| Median Home Value | $137,699 |
| Average Home Value | $177,708 |
Residential
15,945
Single Family
13,864
Multi-Family
2,081
Businesses
1,272
Date | Event | Price |
|---|---|---|
| 2025-01-10 | Price change | $200,000 |
| 2024-12-09 | Price change | $205,000 |
| 2024-06-10 | Price change | $215,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $201,236 | 10.00% |
| 2023-02-13 | $1647.79 | -29.55% | $182,942 | 10.00% |
| 2022-02-13 | $2338.92 | 0.53% | $166,311 | 10.00% |



Listed by: Cecilia Gonzales • Re/Max Elite
Mls Name: Greater McAllen AOR
Mls ID: #456362
Disclaimer: Listing information is deemed reliable, but not guaranteed.